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in san francisco including the room tax collection, job creation is due in large part because of the passage of the tid four years ago. so we encourage your favorable response at this time. thank you. >> sure. >> good morning, chair, supervisors avalos and mar. my name is brook [speaker not understood]. today i will go over a few slides to discuss the project's phasing and square footages to familiarize you on the project. so, we have an investment opportunity to expand an important facility for san francisco, that's the moscone convention center. the slide that you see before you today, we are looking to add about 26,000 square feet of meeting rooms to bring it up to 85,000. 80,000 square foot or more of contiguous exhibit space which is the most important space for the convention center. up to 87,000 in multi-purpose space and 178,000 of support spaces such as loading, service, restaurants and things like that. the -- one of the key objections of the expansion project would be to maintain continuous operation during the construction for the expansion of the moscone conventio
of revenue and tax dollars for the city are forced to look at other options, look at other cities because they're outgrowing our facility. as you know, tourism is is a major economic engine for san francisco. in 2011 we had over 16 million visitors. about 40% of those are international visitors and they spent over -- almost $8-1/2 billion in our economy, generating over 500 million dollars in local taxes. these are taxes that the residents of san francisco would have to pay if it wasn't for the visitors doing that. it created over 71,000 darer local jobs and really had a major factor in our economic recovery. conventions accounted for nearly $1.8 billion or 21% of all the tourism revenue spent in san francisco and 27% of all hotel room occupancy. * our independent study shows that without the expansion of moscone, where losing dollars right now, over $2 billion has already been lost between 2010 and 2019, for groups that had to leave san francisco or couldn't meet here because of the size of our center. and history has proven the success. the moscone tourism improvement district that we p
outside the downtown corridor. it also helps with paychecks, local purchases and taxes paid by our visitors that are staying there. for these reasons, the hotel community is proud to partner with the city and we thank you to help grow our economy through the joint investment opportunity, we will be entering into with the approval of the proposals that are before you here today. * so, we thank you and we thank supervisor kim also for her partnership with us on this. >> thank you very much. next speaker, please. >>> good afternoon, supervisors. my name is james lim, i'medth regional managing director for [speaker not understood] hotels. [speaker not understood] operates 11 hotels in the city and it's spread throughout the neighborhoods as well in downtown san francisco. we support over 800 jobs, local jobs in the city as well. some of our hotels include the [speaker not understood] in japantown, the hotel rex, carlton, laurel lynn at laurel heights, [speaker not understood]. what's wonderful about this initiative is that we know that many of our downtown hotels benefit whenever there
the capacity to accommodate 100% of the demand, the job benefit and the tax benefit for the city would be greater. and with that i'll take any questions that you have, supervisors. >> thank you, mr. eagan. just, again, to summarize here. in terms of the financing. so, 70% is going to be paid for by the expansion district so 30% by the city general fund. it's going to create thousands of jobs in terms of both construction and long-term. i think your job numbers here, were these annual jobs? >> they're annual averages. they're different year to year but that's the average. >> 800 annual jobs in the construction phase. a little over 1200 fern netctionv jobs on an annual basis going forward. and the city's general fund will be technically in the black here, making money off of this? >> yes. >> proposal. and, again, with more commercial paper capability, it would be even more in the black. >> excuse me, supervisor. it's not necessarily true that the general fund will be. i'm counting the hotel tax as a whole. so, not all the hotel tax goes to the general fund. >> fair enough. i get where yo
, both parties agreed to -- at that point to transition over to a sales tax based methodology. and one of the issues there was that the sales tax methodology was easier to do because we could not count ridership. we didn't have any way of tracking that ridership electronically. and, so, so, over time that number has fluctuated based upon sales tax revenues and how the sales tax revenues have fluctuated. so, for example, in fiscal year 2009 to 2011, the payment under this current form would be increased by 18% because of the fact that the economy had affected sale tax received that weren't received. we recognize the $15 million versus the contract value of approximately $2.6 million is quite a substantial difference. during negotiations we discussed this issue and we were very pragmatic about this. we did not feel that it would be feasible to transition to an amount like $15 million overnight. so, that's the feeder agreement. in term of -- those are the historical developments of both agreements. and now i'd like to walk you through the proposed amendments to the agreement. so, for the
.6 million from the general reserve for the gross receipts tax implementation planning for fy 2012-13 and amending the salary ordinance and reflecting the addition of five positions this the treasury of tax collector. >> same hots same call this item is passed on the first reading. >> item 27. >> item 27 is performing work under city contracts. >> same house same call this resolution is adopted. >> item 28 is a resolution approving the fourth contract amendment with i c f resour for renybble contract change and resours and increasing the amount of contract by 20.4 million. >> this resolution is adopted item 29. >> item 29 is a resolution approvalling the prepayment and collection agreement between bay area water supply and public utilities chex for a term ending 2036. >> next item. >> item 30 is a resolution authorizing the department of emergency management to retrotively accept and extend an emergency management performance grant in the amount of 289.6000 for preparedness compatibilityings for the period of july 30, 2012 through june 2013. >> this resolution i
tax dollars to complement and support of the city funded infrastructure investment coming from voter approved initiatives such as the street bond that we all i think worked on. working in tandem with mta to deliver pedestrian safety, traffic calming and other improvements faster and more efficiently and very fair and process to select our executive director. i believe that commissioner avalos will be able to handily take the wheel and help us usher and addresses key issues that i've outlined today. thank you. >> thank you commissioner, before i turn to commissioner wiener, i want to ask if there is any other member of the public who like to say something else on this item? public comment on this is closed. commissioner wiener. >>i'm happy to support commissioner avalos as chair. sometimes something to get lost in the debates is that even though we have areas of disagreement but often get a lot of attention, a lot of press coverage because anytime you have a big dispute at city hall that is likely to get the attention, in reality when it comes to transportation policy in the city
, the metropolitan transportation commission changed the formula to be linked to sales tax. which is somewhat reflective of the economy and the level of rider ship and the health of the bay area as the economy does better sales tax goes up, ridership goes up. and as it goes down, so does ridership follows along accordingly. so sales tax was a proxy i would summarize from what mta changed, how they changed it back in the 1989. but going forward, bart has just -- we viewed this as a contribution that we're willing to make and we have done that. so, we're willing to continue to make the contribution. >> okay. seeing no other questions, thank you very much. like to open up to public comment if there are any members of the public that wish to comment on items 7 and 8, please step forward. mr. paulson. >>>♪ looks like a lovely feeder bart feeder money made. you're going to take my money away when you come and take the money away standing by a feeder meter and you're going to get a glimpse of a money reader and you take my money away and how am i supposed to, if i don't have the money, give back g
or not they wanted to add additional revenue, raise taxes or fees in some way, have additional revenue to their budget and they could see what additional investment could be afforded if they made that choice. this is a summary other groups that we reached. i would note that we did ask for volunteer information about participants' zip codes, and incoming demographic information. only about 55 percent of the participants actually gave us that. what you are seeing here is a map of the 55 percent of the participants who did give their zip code noting about 15 percent of the respondents were not san francisco residents or indicated they were not san francisco residents. these were some of the findings. this chart shows the choices that participants made when they created their budgets. the choices they made about investing in operations and maintenance. the dark blue bars show the choices about investments in transit operations and maintenance. the height of the bar is a percentage of respondents made the choice. 80 percent chose to increase the amount of investment in transit operations an
about the trend happening locally in terms of revenue measures such as the sales tax and vehicle registration fee that are administered by the authority. one of the things that is important as we move forward is to always look for the most cost-effective ways of doing the work. one of the things that i hope you continue to do is to focus on enhancing coordination among the various city agencies. we saw with a number of projects that were discussed at the authority that while there is communication between these agencies better communication is needed. and one of the things that i hope happens- especially with the major projects - that we continue to focus on how the county transportation authority interacts with the mta and other agencies involved in various projects that we are funding. i know that in the state of the city address, mayor lee indicated that public transportation % specifically the mta is going to be a top priority for him. i know he is putting together a working group that is going to be looking at those issues and i hope that at that work continues the county t
to aggressively reduce in-house tax voters of california passed proposition nine for energy efficiency and alternative energy project the process of allocating these funds is now at the state legislature which will be making specific allocation to their specific process and many strategies regular recommended by the state fall under the responsibility of local government and is's and this is why a number of local countieses and legislation around the state are provide asking to provide additional funds to support greenhouse production programs and so my request is to support that. and i have a memoryium to recognize the passing of a long-time residental in our area who lived in chinatown. lucile chen and she raced three children including gordon which when who you know was a fopper and significant leader in the chinatown community center. she was a loving and spirited woman often referred to as the lucile ball of chima town and i want to express my condolences to the family i know shell be greatly miss the. >> the rest i submit. >> thank you mr. president and that o'clocked role
Search Results 0 to 16 of about 17 (some duplicates have been removed)